Latest News
08th March 2010
We are pleased to announce the arrival of G L Consultancy who have taken 500sqft.
Read more…
Hot off the press
Our new brochure
Take a look and see how we're making office space simple again.
Dylan Harvey is letting you in on the property market’s best-kept secret…
Let us show you the opportunities.
Available from £99,950 (+VAT) for a brand new luxury office suite with a 6% Rental Yield Guaranteed for the first 3 years.
For Investment – Our office suites make perfect sense…
- Long Leases – Our office suites benefit from much longer lets than residential property, typically 3 year up to 10 year leases.
- Low Tenant Turnover – it’s rare for businesses to relocate, so you’ll have a greater security in your investment, if your tenant wishes to expand we can easily accommodate them.
- The Best Locations – businesses are starting to flock to business centres close to motorway junctions to avoid expensive city centre rents and a frustrating lack of parking spaces.
- Higher Yields – commercial property rental yields continue to increase and are higher than those of residential property.
- Your Pension – Commercial property can be built into Self Invested Personal Pensions (SIPP) and Small Self Administered Schemes (SSAS), creating a very tax efficient investment.
- Option to purchase your office suite: luxury office suite Priced at only £99,950
Take out a 1, 2 or 3 year lease on any luxury office suite and we will give you the option to purchase that suite at anytime within the lease period, at a set purchase price. All of the rental you pay will be deducted from your purchase price on completion.
Option to Purchase Example:
Office Suite Sale Price: £99,950 (Fixed Purchase Price)
Take out a lease agreement for 3 years at £500 (+VAT) per month
Total rental amount paid within the 3 year lease period = £18,000
Completion amount required = £99,950 less the rental received of £18,000
This leaves a completion amount of only £81,950
Dylan Harvey Office Suites are SIPP Compatible!
This means you can set up a self invested personal pension in which to purchase your office suite and enjoy all of the tax benefits this brings. Your company could effectively pay rental into your own pension tax free! The profit on the sale of your office suite will also be tax free!
For more details and to seek professional advice please call: 01282 463 063
Available from £99,950 (+VAT) for a brand new luxury office suite with a 6% Rental Yield
Guaranteed for the first 3 years.
For Investment – Our office suites make perfect sense…
Security
Security in Resale Values
Once built and tenanted, a typical office suite in a Dylan Harvey Business Centre has proved to be worth considerably more than the off-plan purchase price – making it a very attractive investment for any purchaser.
Once the office suite is let at a rental cost of £150 per week (£7,800 per year) to the tenant, a sale returning an average 6% yield, for example, will give you a sale price of £130,000.
We have also found many tenants are interested in purchasing their own premises instead of renting. Once a business is settled into a good location, it often makes good financial sense for them to purchase the property – giving investors a profitable exit route.
Case Study
Mr Livingstone purchased two office suites on the Blackburn Business Centre from Dylan Harvey, investing an initial sum of only £18,000.
Blackburn Alarms Ltd, who were looking to purchase their own premises rather than rent, bought the two suites from Mr Livingstone for £135,000 per suite. This gave Mr Livingstone a total profit of £90,000 on his initial £18,000 investment.
Mr Halenko, managing director of Blackburn Alarms, said: "The position of the Dylan Harvey Business Centre, as well as the managed services it offered, suited our company needs."
Mr Livingstone said: "Dylan Harvey contacted me with the details of a company who wished to purchase rather than rent. The managing director of Blackburn Alarms liked the location, and needed 1,000 sq ft of office space as soon as possible. I am delighted with the sale, and I'm now free to invest again."
Does this sound good? Find out more...
Value
The Rental Engine
Dylan Harvey manages and monitors all financial transactions on behalf of investors, allowing you to sit back and watch your investment grow.
The weekly rental for a 500 sq ft office suite is typically £150, which would increase every three years – a great price for any business, especially with the endless benefits available to them from Dylan Harvey.
Cost to tenants
- Tenants pay rent in advance by direct debit. They must also pay a deposit before moving into their suite – this is to make sure offices are left in good condition and to cover any outstanding bills that may be left.
- Monthly service charges are also paid in advance by tenants. These include heating and lighting of communal areas, landscaping, car park maintenance, cleaning, window cleaning, waste removal and kitchen and toilet consumables.
- Tenants are liable for rent, commercial property rates, water rates, electricity charges, buildings insurance, telecoms bills and building maintenance costs during their occupancy. They are responsible for leaving the building in optimum condition when tenancy expires, which means redecoration if necessary.